Abstract: A flying disc aircraft includes a symmetrical body housing pilot and/or passenger seating apparatus above, a thrust-generating apparatus below, and a rotation inertia disc located therebetween. The disc rotates within the body in a plane normal to the axis of symmetry, and provides inertial stability for the aircraft through a gyroscopic effect. Directional control is achieved by means of mechanical linkage elements connecting a control stick at the pilot seating apparatus with the thrust-generating apparatus, the linkage allowing the pilot to orient the thrust at various angles relative to the aircraft axis of symmetry. Lift occurs when ambient air is induced, by virtue of the thrust-generating apparatus, to flow over the disc. In an alternate embodiment, lift is generated by the thrust-generating apparatus, and a shroud located beneath the apparatus is employed for redirecting resulting thrust to therefore facilitate directional control of the aircraft.